Brazil’s Electricity Bills Expected to Rise Amid Drought
A boat and a ferry boat stranded on the banks of the Negro River as smoke haze from fires in the Amazon rainforest blankets the area in Manaus, Brazil, on Oct. 13.
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The drought Brazil is facing is poised to increase electricity bills from September onward, said O Globo newspaper.
Brazil set a monthly three-flag system that increases the cost of electricity in case of rising demand for thermal plants during peak hours. The current green flag will give way to a yellow flag next month, according to the report. The expectation is that the year will end with a green flag again thanks to rains in October, according to the report.